Fewer Americans now fear catching COVID-19 than at any point since the start of the pandemic, according to a new survey. Only 35% of U.S. adults reported they are very or somewhat worried about contracting COVID-19, according to Gallup. It’s the lowest level of concern since last April. Additionally, nearly …
Read More »Robert Powell: Running out of money is the No. 1 retirement fear — annuities could help
Annuities are neither good nor bad. But you wouldn’t know that given how most people, including financial planners, react when the product is discussed as a potential part of a retirement plan. Such products, critics say, are nothing but a way for salespersons, some of whom have engaged in unethical …
Read More »: Fear of new virus variant pushes U.S. toward more genomic sequencing
The United Kingdom’s use of genomic sequencing to identify a more infectious strain of SARS-CoV-2 has largely served as a wake-up call for inadequate use of the technology in the U.S. Up until mid-December, the U.S. had sequenced about 0.3% of its COVID-19 samples, a percentage that is significantly lower …
Read More »Greed takes over fear in the stock market, but don’t be lured into this short-lived rally
In short order, greed in the stock market has mostly taken over fear after reports of slowing new coronavirus cases in New York and Europe. Is it prudent to chase the rally? The answer is “no” without knowing where you belong in the protection band. (More on that later.) The …
Read More »Stock markets stumble, rates volatile as fear of virus fallout clouds Wall Street
This week saw the worst day for Wall Street since 1987 and trillions of dollars of stimulus being pumped into the economy, leaving investors and Americans wondering what twist would be around the next turn. The continued fear of the spread of coronavirus COVID-19 has led to extensive economic fallout, …
Read More »FA Center: Stock market’s ‘fear index’ may have just flashed a buy signal
Did the VIX just flash a contrarian buy signal? I’m referring, of course, to the CBOE’s well-known volatility index. VIX, +2.43% Considered by many to be the U.S. stock market’s “fear index,” the VIX is widely interpreted in a contrarian way: High levels indicate widespread fear, and therefore thought …
Read More »Treasurys, Dow tank as virus fear spreads
The 10-year Treasury note yield is trading at record lows this week as the Dow Jones Industrial average slipped into correction territory. The Dow was expected to drop even further at the start of trading Friday morning with futures pointing to at least a 400-point dip. This is the worst …
Read More »NewsWatch: Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. My husband watches TV all day while I cook and clean. He …
Read More »NewsWatch: Why the coronavirus outbreak is delivering a fresh dose of recession fear to the stock market
MARKETWATCH FRONT PAGE A more apropos adage for today’s market bears may be that when an outbreak of coronavirus grinds the world’s second-largest economy to a halt, the rest of the world catches a recession. See full story. Berkshire Hathaway posts $ 29.2 billion quarterly earnings and holds $ 128 …
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